Small business insurance, and more specifically, workers' compensation insurance, is an absolute necessity for any business. For many owners, workers' compensation insurance programs are insufficient, or worse, non-existent — simply because they believe long-held falsehoods about workers' compensation insurance. Clients' beliefs in these myths can have a major impact on the success of your agency — and like a domino effect — may impact the overall quality and success of your business. Many small business insurance agents would agree, if a company's workers' compensation program is subpar, the weakness can leave a business vulnerable to potential risks and financial disasters — ones that are avoidable with the proper program. Small business owners may convince themselves that they don't need the added expense of workers' comp. They might think that an injury could never happen at their company, and even if it did, they would pay out of pocket — which could be far more financially damaging then they realized. Let's see if we can dispel these myths, once and for all. In no particular order, here are the most widely-believed workers' compensation insurance myths. Related: 3 ways to minimize workers' compensation claims in the healthcare space Matt Zender is vice president and workers' compensation product manager for AmTrust Financial Services. He can be reached at [email protected].   For more coverage like this, explore our Workers' comp Instant Insights page.